Basis: Trailing twelve months (TTM net income over TTM revenue). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 3.58% is 84% below its 5-year average of 21.99%, around the middle of its 5-year range (-8.27%–26.51%).
50.32% below its 12-month average of 7.21%.
Reported quarterly profit margin; no daily interpolation.
NET PROFIT MARGIN
3.58%
NET PROFIT MARGIN AVG TTM
7.21%
NET PROFIT MARGIN AVG 3Y
21.00%
NET PROFIT MARGIN AVG 5Y
21.99%
NET PROFIT MARGIN AVG 10Y
23.13%
NET PROFIT MARGIN AVG 15Y
22.92%
NET PROFIT MARGIN AVG 20Y
22.31%
CURRENT VS TTM AVG
-50.32%
CURRENT VS 3Y AVG
-82.95%
CURRENT VS 5Y AVG
-83.72%
CURRENT VS 10Y AVG
-84.52%
CURRENT VS 15Y AVG
-84.38%
CURRENT VS 20Y AVG
-83.96%
SECTOR MEDIAN · HEALTHCARE
8.98%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
-60.13%
vs the sector median at left
Waters Corporation
Market Cap
$30.13B
Net Profit Margin
3.58%
TTM Avg
7.21%
3Y Avg
21.00%
5Y Avg
21.99%
Market Cap
$30.16B
Net Profit Margin
7.86%
TTM Avg
10.12%
3Y Avg
9.68%
5Y Avg
22.03%
Market Cap
$26.79B
Net Profit Margin
21.91%
TTM Avg
21.94%
3Y Avg
21.74%
5Y Avg
21.20%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waters Corporation (WAT) | $30.13B | 3.58% | 7.21% | 21.00% | 21.99% |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.16B | 7.86% | 10.12% | 9.68% | 22.03% |
| Zoetis Inc. (ZTS)vs › | $30.86B | 27.49% | 27.55% | 27.17% | 26.57% |
| Medline Inc. (MDLN)vs › | $29.33B | 2.31% | 4.39% | 2.42% | 2.42% |
| Biogen Inc. (BIIB)vs › | $31.40B | 8.39% | 15.03% | 17.95% | 19.29% |
| DexCom, Inc. (DXCM)vs › | $31.90B | 20.12% | 16.12% | 14.73% | 15.57% |
| Centene Corp. (CNC)vs › | $31.90B | -2.63% | -0.70% | 0.29% | 0.65% |
| ResMed Inc. (RMD)vs › | $32.06B | 26.94% | 27.08% | 24.30% | 22.30% |
| Mettler-Toledo International Inc. (MTD)vs › | $26.79B | 21.91% | 21.94% | 21.74% | 21.20% |
| Labcorp Holdings Inc. (LH)vs › | $26.64B | 6.99% | 6.01% | 6.56% | 9.24% |
Operating Margin
28.2%
Net Profit Margin
3.6%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-07-04 | -8.27% |
| 2026-04-04 | -5.68% |
| 2025-12-31 | 24.16% |
| 2025-09-27 | 18.62% |
| 2025-06-28 | 19.07% |
| 2025-03-29 | 18.34% |
| 2024-12-31 | 26.51% |
| 2024-09-28 | 21.82% |
| 2024-06-29 | 20.15% |
| 2024-03-30 | 16.05% |
| 2023-12-31 | 26.38% |
| 2023-09-30 | 18.91% |
| 2023-07-01 | 20.33% |
| 2023-04-01 | 20.58% |
| 2022-12-31 | 26.45% |
| 2022-10-01 | 22.02% |
| 2022-07-02 | 23.08% |
| 2022-04-02 | 23.14% |
| 2021-12-31 | 25.85% |
| 2021-10-02 | 24.45% |
| 2021-07-03 | 24.54% |
| 2021-04-03 | 24.34% |
| 2020-12-31 | 27.75% |
| 2020-09-26 | 21.35% |
| 2020-06-27 | 23.64% |
| 2020-03-28 | 11.52% |
| 2019-12-31 | 28.01% |
| 2019-09-28 | 23.93% |
| 2019-06-29 | 24.10% |
| 2019-03-30 | 21.21% |
| 2018-12-31 | 25.89% |
| 2018-09-29 | 24.40% |
| 2018-06-30 | 26.11% |
| 2018-03-31 | 21.10% |
| 2017-12-31 | -51.39% |
| 2017-09-30 | 24.06% |
| 2017-07-01 | 23.61% |
| 2017-04-01 | 21.20% |
| 2016-12-31 | 27.73% |
| 2016-10-01 | 23.70% |
| 2016-07-02 | 23.90% |
| 2016-04-02 | 19.79% |
| 2015-12-31 | 25.75% |
| 2015-10-03 | 23.23% |
| 2015-07-04 | 21.36% |
| 2015-04-04 | 20.86% |
| 2014-12-31 | 25.91% |
| 2014-09-27 | 23.01% |
| 2014-06-28 | 20.04% |
| 2014-03-29 | 16.33% |
| 2013-12-31 | 25.04% |
| 2013-09-28 | 21.44% |
| 2013-06-29 | 19.80% |
| 2013-03-30 | 28.13% |
| 2012-12-31 | 33.72% |
| 2012-09-29 | 22.03% |
| 2012-06-30 | 21.65% |
| 2012-03-31 | 21.09% |
| 2011-12-31 | 26.30% |
| 2011-10-01 | 22.28% |
| 2011-07-02 | 22.36% |
| 2011-04-02 | 22.10% |
| 2010-12-31 | 26.18% |
| 2010-10-02 | 23.62% |
| 2010-07-03 | 21.72% |
| 2010-04-03 | 20.54% |
| 2009-12-31 | 24.28% |
| 2009-10-03 | 20.31% |
| 2009-07-04 | 19.27% |
| 2009-04-04 | 22.02% |
| 2008-12-31 | 23.75% |
| 2008-09-27 | 18.51% |
| 2008-06-28 | 20.85% |
| 2008-03-29 | 18.42% |
| 2007-12-31 | 22.64% |
| 2007-09-29 | 15.11% |
| 2007-06-30 | 16.99% |
| 2007-03-31 | 16.91% |
| 2006-12-31 | 20.65% |
| 2006-09-30 | 16.73% |
| 2006-07-01 | 15.83% |
| 2006-04-01 | 15.21% |
| 2005-12-31 | 22.75% |
| 2005-10-01 | 9.42% |
| 2005-07-02 | 18.99% |
| 2005-04-02 | 17.37% |
| 2004-12-31 | 22.06% |
| 2004-10-02 | 19.61% |
| 2004-07-03 | 22.94% |
| 2004-04-03 | 16.01% |
| 2003-12-31 | 21.23% |
| 2003-09-30 | 15.81% |
| 2003-06-30 | 18.17% |
| 2003-03-31 | 15.37% |
| 2002-12-31 | 15.70% |
| 2002-09-30 | 18.06% |